This is my trading file to organise and jot down my take on the market .I do Technical Analysis. This blog is to keep track of my baby steps so that I can look back at my journey .Looking back tells me how far I have come from days when I knew nothing and can go further .It gives me motivation to keep going on even when I am tired. One has to back up trading with their own studies. The charts I post here are 99% inspired from Ilango sir.



Friday 22 June 2012

22nd June 2012

With yesterdays close

Month trend turned up , Week is up , day is up  , now when we had weakness in hour TF in the morning , and when after 2:00 close when hour trend turned up then that could have taken as a valid signal to go long .

Now trading at channel toop  tells me correction can be there today and if we break this channel then up we go .

it is very true that all this analysis is Ok , but It really is worth , when I  put it in practical and get results  . Thats when I will be satisfied with what I am doing .

Right now on sidelines .